SlideShare a Scribd company logo
DATA MONETIZATION
AN APPROACH
We believe an effective data monetization strategy necessitates enterprise to perceive data as an
ever evolving asset enabling creation of new information and insights.
30% of businesses will begin
directly or indirectly monetizing
their information assets via
bartering or selling
By Start of 2017…
80% of Chief Data Officers will
strive to maximize the value of
information and to minimize its
risks
Analytics will be delivered via API
Prescriptive analytics built on
cognitive computing, delivering
$60+ Billion in annual savings
By 2020…
FRAMEWORK - ELEMENTS
Explore Data – Unstructured &
Structured, both in terms of data sources
– Internal & External
Data Services
Industry Specific Insights
Cross Industry Insights
Horizontal Insights
Data Product
Internally generated data, customer or
client generated data, collaborative public,
privately acquired data
Data Classification
Differentiation
Cost to Value
Speed to Value
Value for Buyer
Understand Market Opportunity Identify Business Model
Data Privacy, Controls &
Regulations
Identify Key data Analytic Signals Data Delivery Focus
Partnerships, Alliance and
Network Effect
Enterprises are looking for innovative ways to take the data they have
generated and build revenue model around selling insights to
different third parties. We present a framework that will help
enterprises to transform the data asset into tangible revenue
While working within
confines of client’s data
platforms, we understand
the data structures, we can
apply this framework for
building new revenue
models through Insights
(and not just data)
Why Us?
DATA MONETIZATION
AN APPROACH
Implementing Data Monetization requires transformational approach for data sourcing,
transformation & delivery of Insights through APIs for Internal & External Business Groups
APACHE NIFI FOR REAL TIME DATA INGESTION
KAFKA FOR REAL TIME MESSAGING
APACHE SPARK FOR REAL TIME STREAMING
APACHE KYLIN FOR EXTREME OLAP – REAL TIME DATA CUBES
IN MEMORY ANALYTICS BY ALLUXIO, ROCKS DB, APACHE ARROW
INTRODUCE AGILITY IN DESIGN THROUGH MICROSERVICES
INSIGHT GENERATION THROUGH APACHE SYSTEM ML, GOOGLE TENSORFLOW,
MICROSOFT DMTK, AMAZON DSSTNE, SPARK ML
TAKE THE SET UP TO CLOUD – KEEP MODELS ON CLOUD, DATA ON PREMISE
TECHNICAL APPROACH THROUGH BIG DATA & ANALYTICS

More Related Content

What's hot

RWDG Slides: Build an Effective Data Governance Framework
RWDG Slides: Build an Effective Data Governance FrameworkRWDG Slides: Build an Effective Data Governance Framework
RWDG Slides: Build an Effective Data Governance Framework
DATAVERSITY
 
Data Catalogs Are the Answer – What is the Question?
Data Catalogs Are the Answer – What is the Question?Data Catalogs Are the Answer – What is the Question?
Data Catalogs Are the Answer – What is the Question?
DATAVERSITY
 
Data Monetization
Data MonetizationData Monetization
Data Monetization
Kiran Donepudi
 
Improving Data Literacy Around Data Architecture
Improving Data Literacy Around Data ArchitectureImproving Data Literacy Around Data Architecture
Improving Data Literacy Around Data Architecture
DATAVERSITY
 
BI Consultancy - Data, Analytics and Strategy
BI Consultancy - Data, Analytics and StrategyBI Consultancy - Data, Analytics and Strategy
BI Consultancy - Data, Analytics and Strategy
Shivam Dhawan
 
Data at the Speed of Business with Data Mastering and Governance
Data at the Speed of Business with Data Mastering and GovernanceData at the Speed of Business with Data Mastering and Governance
Data at the Speed of Business with Data Mastering and Governance
DATAVERSITY
 
Data Catalog as a Business Enabler
Data Catalog as a Business EnablerData Catalog as a Business Enabler
Data Catalog as a Business Enabler
Srinivasan Sankar
 
Data Monetization
Data MonetizationData Monetization
Data Monetization
Dr. Ronny M. Schüritz
 
Modern Metadata Strategies
Modern Metadata StrategiesModern Metadata Strategies
Modern Metadata Strategies
DATAVERSITY
 
Data Governance
Data GovernanceData Governance
Data Governance
Rob Lux
 
Data Governance Best Practices, Assessments, and Roadmaps
Data Governance Best Practices, Assessments, and RoadmapsData Governance Best Practices, Assessments, and Roadmaps
Data Governance Best Practices, Assessments, and Roadmaps
DATAVERSITY
 
Designing An Enterprise Data Fabric
Designing An Enterprise Data FabricDesigning An Enterprise Data Fabric
Designing An Enterprise Data Fabric
Alan McSweeney
 
Data Quality & Data Governance
Data Quality & Data GovernanceData Quality & Data Governance
Data Quality & Data Governance
Tuba Yaman Him
 
Data Governance Best Practices
Data Governance Best PracticesData Governance Best Practices
Data Governance Best Practices
DATAVERSITY
 
Building an integrated data strategy
Building an integrated data strategyBuilding an integrated data strategy
Building an integrated data strategy
Lucas Modesto
 
Data strategy demistifying data
Data strategy demistifying dataData strategy demistifying data
Data strategy demistifying data
Hans Verstraeten
 
Data Architecture Strategies: Data Architecture for Digital Transformation
Data Architecture Strategies: Data Architecture for Digital TransformationData Architecture Strategies: Data Architecture for Digital Transformation
Data Architecture Strategies: Data Architecture for Digital Transformation
DATAVERSITY
 
Building a Data Strategy – Practical Steps for Aligning with Business Goals
Building a Data Strategy – Practical Steps for Aligning with Business GoalsBuilding a Data Strategy – Practical Steps for Aligning with Business Goals
Building a Data Strategy – Practical Steps for Aligning with Business Goals
DATAVERSITY
 
How to Strengthen Enterprise Data Governance with Data Quality
How to Strengthen Enterprise Data Governance with Data QualityHow to Strengthen Enterprise Data Governance with Data Quality
How to Strengthen Enterprise Data Governance with Data Quality
DATAVERSITY
 
Data Architecture Strategies: Building an Enterprise Data Strategy – Where to...
Data Architecture Strategies: Building an Enterprise Data Strategy – Where to...Data Architecture Strategies: Building an Enterprise Data Strategy – Where to...
Data Architecture Strategies: Building an Enterprise Data Strategy – Where to...
DATAVERSITY
 

What's hot (20)

RWDG Slides: Build an Effective Data Governance Framework
RWDG Slides: Build an Effective Data Governance FrameworkRWDG Slides: Build an Effective Data Governance Framework
RWDG Slides: Build an Effective Data Governance Framework
 
Data Catalogs Are the Answer – What is the Question?
Data Catalogs Are the Answer – What is the Question?Data Catalogs Are the Answer – What is the Question?
Data Catalogs Are the Answer – What is the Question?
 
Data Monetization
Data MonetizationData Monetization
Data Monetization
 
Improving Data Literacy Around Data Architecture
Improving Data Literacy Around Data ArchitectureImproving Data Literacy Around Data Architecture
Improving Data Literacy Around Data Architecture
 
BI Consultancy - Data, Analytics and Strategy
BI Consultancy - Data, Analytics and StrategyBI Consultancy - Data, Analytics and Strategy
BI Consultancy - Data, Analytics and Strategy
 
Data at the Speed of Business with Data Mastering and Governance
Data at the Speed of Business with Data Mastering and GovernanceData at the Speed of Business with Data Mastering and Governance
Data at the Speed of Business with Data Mastering and Governance
 
Data Catalog as a Business Enabler
Data Catalog as a Business EnablerData Catalog as a Business Enabler
Data Catalog as a Business Enabler
 
Data Monetization
Data MonetizationData Monetization
Data Monetization
 
Modern Metadata Strategies
Modern Metadata StrategiesModern Metadata Strategies
Modern Metadata Strategies
 
Data Governance
Data GovernanceData Governance
Data Governance
 
Data Governance Best Practices, Assessments, and Roadmaps
Data Governance Best Practices, Assessments, and RoadmapsData Governance Best Practices, Assessments, and Roadmaps
Data Governance Best Practices, Assessments, and Roadmaps
 
Designing An Enterprise Data Fabric
Designing An Enterprise Data FabricDesigning An Enterprise Data Fabric
Designing An Enterprise Data Fabric
 
Data Quality & Data Governance
Data Quality & Data GovernanceData Quality & Data Governance
Data Quality & Data Governance
 
Data Governance Best Practices
Data Governance Best PracticesData Governance Best Practices
Data Governance Best Practices
 
Building an integrated data strategy
Building an integrated data strategyBuilding an integrated data strategy
Building an integrated data strategy
 
Data strategy demistifying data
Data strategy demistifying dataData strategy demistifying data
Data strategy demistifying data
 
Data Architecture Strategies: Data Architecture for Digital Transformation
Data Architecture Strategies: Data Architecture for Digital TransformationData Architecture Strategies: Data Architecture for Digital Transformation
Data Architecture Strategies: Data Architecture for Digital Transformation
 
Building a Data Strategy – Practical Steps for Aligning with Business Goals
Building a Data Strategy – Practical Steps for Aligning with Business GoalsBuilding a Data Strategy – Practical Steps for Aligning with Business Goals
Building a Data Strategy – Practical Steps for Aligning with Business Goals
 
How to Strengthen Enterprise Data Governance with Data Quality
How to Strengthen Enterprise Data Governance with Data QualityHow to Strengthen Enterprise Data Governance with Data Quality
How to Strengthen Enterprise Data Governance with Data Quality
 
Data Architecture Strategies: Building an Enterprise Data Strategy – Where to...
Data Architecture Strategies: Building an Enterprise Data Strategy – Where to...Data Architecture Strategies: Building an Enterprise Data Strategy – Where to...
Data Architecture Strategies: Building an Enterprise Data Strategy – Where to...
 

Similar to Data Monetization Framework

Certus Accelerate - Building the business case for why you need to invest in ...
Certus Accelerate - Building the business case for why you need to invest in ...Certus Accelerate - Building the business case for why you need to invest in ...
Certus Accelerate - Building the business case for why you need to invest in ...
Certus Solutions
 
Using a Semantic and Graph-based Data Catalog in a Modern Data Fabric
Using a Semantic and Graph-based Data Catalog in a Modern Data FabricUsing a Semantic and Graph-based Data Catalog in a Modern Data Fabric
Using a Semantic and Graph-based Data Catalog in a Modern Data Fabric
Cambridge Semantics
 
INTRODUCTION TO BUSINESS ANALYTICS.pptx
INTRODUCTION TO BUSINESS ANALYTICS.pptxINTRODUCTION TO BUSINESS ANALYTICS.pptx
INTRODUCTION TO BUSINESS ANALYTICS.pptx
Surendhranatha Reddy
 
Becoming a Data-Driven Enterprise
Becoming a Data-Driven EnterpriseBecoming a Data-Driven Enterprise
Becoming a Data-Driven Enterprise
Accenture Insurance
 
Creating Revenue from Customer Data
Creating Revenue from Customer DataCreating Revenue from Customer Data
Creating Revenue from Customer Data
accenture
 
What's the ROI of Embedded Analytics?
What's the ROI of Embedded Analytics?What's the ROI of Embedded Analytics?
What's the ROI of Embedded Analytics?
GoodData
 
Slides: Applying Artificial Intelligence (AI) in All the Right Places in the ...
Slides: Applying Artificial Intelligence (AI) in All the Right Places in the ...Slides: Applying Artificial Intelligence (AI) in All the Right Places in the ...
Slides: Applying Artificial Intelligence (AI) in All the Right Places in the ...
DATAVERSITY
 
Analytics Service Framework
Analytics Service Framework Analytics Service Framework
Analytics Service Framework
Vishwanath Ramdas
 
From Insights to Action, How to build and maintain a Data Driven Organization...
From Insights to Action, How to build and maintain a Data Driven Organization...From Insights to Action, How to build and maintain a Data Driven Organization...
From Insights to Action, How to build and maintain a Data Driven Organization...
Amazon Web Services Korea
 
Mining intelligent insights with ease: AI/ML for Financial Services
Mining intelligent insights with ease: AI/ML for Financial ServicesMining intelligent insights with ease: AI/ML for Financial Services
Mining intelligent insights with ease: AI/ML for Financial Services
Amazon Web Services
 
Platform_Technical_Overview
Platform_Technical_OverviewPlatform_Technical_Overview
Platform_Technical_OverviewKatia Mar
 
Customer Presentation - IBM Cloud Pak for Data Overview (Level 100).PPTX
Customer Presentation - IBM Cloud Pak for Data Overview (Level 100).PPTXCustomer Presentation - IBM Cloud Pak for Data Overview (Level 100).PPTX
Customer Presentation - IBM Cloud Pak for Data Overview (Level 100).PPTX
tsigitnist02
 
Business Intelligence, Data Analytics, and AI
Business Intelligence, Data Analytics, and AIBusiness Intelligence, Data Analytics, and AI
Business Intelligence, Data Analytics, and AI
Johnny Jepp
 
Data Science Salon: Adopting Machine Learning to Drive Revenue and Market Share
Data Science Salon: Adopting Machine Learning to Drive Revenue and Market ShareData Science Salon: Adopting Machine Learning to Drive Revenue and Market Share
Data Science Salon: Adopting Machine Learning to Drive Revenue and Market Share
Formulatedby
 
Guide to Business Intelligence
Guide to Business IntelligenceGuide to Business Intelligence
Guide to Business Intelligence
TechnologyAdvice
 
Data Mining Services in various types
Data Mining Services in various typesData Mining Services in various types
Data Mining Services in various types
loginworks software
 
The Zen of DataOps – AWS Lake Formation and the Data Supply Chain Pipeline
The Zen of DataOps – AWS Lake Formation and the Data Supply Chain PipelineThe Zen of DataOps – AWS Lake Formation and the Data Supply Chain Pipeline
The Zen of DataOps – AWS Lake Formation and the Data Supply Chain Pipeline
Amazon Web Services
 
Sage Business Intelligence Solutions Comparison
Sage Business Intelligence Solutions ComparisonSage Business Intelligence Solutions Comparison
Sage Business Intelligence Solutions Comparison
RKLeSolutions
 
Cisco Connect 2018 Philippines - Trends transforming it network data into bus...
Cisco Connect 2018 Philippines - Trends transforming it network data into bus...Cisco Connect 2018 Philippines - Trends transforming it network data into bus...
Cisco Connect 2018 Philippines - Trends transforming it network data into bus...
NetworkCollaborators
 
The Journey to Intelligent ERP
The Journey to Intelligent ERPThe Journey to Intelligent ERP
The Journey to Intelligent ERP
Cognizant
 

Similar to Data Monetization Framework (20)

Certus Accelerate - Building the business case for why you need to invest in ...
Certus Accelerate - Building the business case for why you need to invest in ...Certus Accelerate - Building the business case for why you need to invest in ...
Certus Accelerate - Building the business case for why you need to invest in ...
 
Using a Semantic and Graph-based Data Catalog in a Modern Data Fabric
Using a Semantic and Graph-based Data Catalog in a Modern Data FabricUsing a Semantic and Graph-based Data Catalog in a Modern Data Fabric
Using a Semantic and Graph-based Data Catalog in a Modern Data Fabric
 
INTRODUCTION TO BUSINESS ANALYTICS.pptx
INTRODUCTION TO BUSINESS ANALYTICS.pptxINTRODUCTION TO BUSINESS ANALYTICS.pptx
INTRODUCTION TO BUSINESS ANALYTICS.pptx
 
Becoming a Data-Driven Enterprise
Becoming a Data-Driven EnterpriseBecoming a Data-Driven Enterprise
Becoming a Data-Driven Enterprise
 
Creating Revenue from Customer Data
Creating Revenue from Customer DataCreating Revenue from Customer Data
Creating Revenue from Customer Data
 
What's the ROI of Embedded Analytics?
What's the ROI of Embedded Analytics?What's the ROI of Embedded Analytics?
What's the ROI of Embedded Analytics?
 
Slides: Applying Artificial Intelligence (AI) in All the Right Places in the ...
Slides: Applying Artificial Intelligence (AI) in All the Right Places in the ...Slides: Applying Artificial Intelligence (AI) in All the Right Places in the ...
Slides: Applying Artificial Intelligence (AI) in All the Right Places in the ...
 
Analytics Service Framework
Analytics Service Framework Analytics Service Framework
Analytics Service Framework
 
From Insights to Action, How to build and maintain a Data Driven Organization...
From Insights to Action, How to build and maintain a Data Driven Organization...From Insights to Action, How to build and maintain a Data Driven Organization...
From Insights to Action, How to build and maintain a Data Driven Organization...
 
Mining intelligent insights with ease: AI/ML for Financial Services
Mining intelligent insights with ease: AI/ML for Financial ServicesMining intelligent insights with ease: AI/ML for Financial Services
Mining intelligent insights with ease: AI/ML for Financial Services
 
Platform_Technical_Overview
Platform_Technical_OverviewPlatform_Technical_Overview
Platform_Technical_Overview
 
Customer Presentation - IBM Cloud Pak for Data Overview (Level 100).PPTX
Customer Presentation - IBM Cloud Pak for Data Overview (Level 100).PPTXCustomer Presentation - IBM Cloud Pak for Data Overview (Level 100).PPTX
Customer Presentation - IBM Cloud Pak for Data Overview (Level 100).PPTX
 
Business Intelligence, Data Analytics, and AI
Business Intelligence, Data Analytics, and AIBusiness Intelligence, Data Analytics, and AI
Business Intelligence, Data Analytics, and AI
 
Data Science Salon: Adopting Machine Learning to Drive Revenue and Market Share
Data Science Salon: Adopting Machine Learning to Drive Revenue and Market ShareData Science Salon: Adopting Machine Learning to Drive Revenue and Market Share
Data Science Salon: Adopting Machine Learning to Drive Revenue and Market Share
 
Guide to Business Intelligence
Guide to Business IntelligenceGuide to Business Intelligence
Guide to Business Intelligence
 
Data Mining Services in various types
Data Mining Services in various typesData Mining Services in various types
Data Mining Services in various types
 
The Zen of DataOps – AWS Lake Formation and the Data Supply Chain Pipeline
The Zen of DataOps – AWS Lake Formation and the Data Supply Chain PipelineThe Zen of DataOps – AWS Lake Formation and the Data Supply Chain Pipeline
The Zen of DataOps – AWS Lake Formation and the Data Supply Chain Pipeline
 
Sage Business Intelligence Solutions Comparison
Sage Business Intelligence Solutions ComparisonSage Business Intelligence Solutions Comparison
Sage Business Intelligence Solutions Comparison
 
Cisco Connect 2018 Philippines - Trends transforming it network data into bus...
Cisco Connect 2018 Philippines - Trends transforming it network data into bus...Cisco Connect 2018 Philippines - Trends transforming it network data into bus...
Cisco Connect 2018 Philippines - Trends transforming it network data into bus...
 
The Journey to Intelligent ERP
The Journey to Intelligent ERPThe Journey to Intelligent ERP
The Journey to Intelligent ERP
 

Recently uploaded

The Future of Platform Engineering
The Future of Platform EngineeringThe Future of Platform Engineering
The Future of Platform Engineering
Jemma Hussein Allen
 
Key Trends Shaping the Future of Infrastructure.pdf
Key Trends Shaping the Future of Infrastructure.pdfKey Trends Shaping the Future of Infrastructure.pdf
Key Trends Shaping the Future of Infrastructure.pdf
Cheryl Hung
 
AI for Every Business: Unlocking Your Product's Universal Potential by VP of ...
AI for Every Business: Unlocking Your Product's Universal Potential by VP of ...AI for Every Business: Unlocking Your Product's Universal Potential by VP of ...
AI for Every Business: Unlocking Your Product's Universal Potential by VP of ...
Product School
 
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...
UiPathCommunity
 
Neuro-symbolic is not enough, we need neuro-*semantic*
Neuro-symbolic is not enough, we need neuro-*semantic*Neuro-symbolic is not enough, we need neuro-*semantic*
Neuro-symbolic is not enough, we need neuro-*semantic*
Frank van Harmelen
 
Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...
Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...
Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...
Jeffrey Haguewood
 
Leading Change strategies and insights for effective change management pdf 1.pdf
Leading Change strategies and insights for effective change management pdf 1.pdfLeading Change strategies and insights for effective change management pdf 1.pdf
Leading Change strategies and insights for effective change management pdf 1.pdf
OnBoard
 
FIDO Alliance Osaka Seminar: Passkeys at Amazon.pdf
FIDO Alliance Osaka Seminar: Passkeys at Amazon.pdfFIDO Alliance Osaka Seminar: Passkeys at Amazon.pdf
FIDO Alliance Osaka Seminar: Passkeys at Amazon.pdf
FIDO Alliance
 
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered QualitySoftware Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
Inflectra
 
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...
James Anderson
 
Accelerate your Kubernetes clusters with Varnish Caching
Accelerate your Kubernetes clusters with Varnish CachingAccelerate your Kubernetes clusters with Varnish Caching
Accelerate your Kubernetes clusters with Varnish Caching
Thijs Feryn
 
From Daily Decisions to Bottom Line: Connecting Product Work to Revenue by VP...
From Daily Decisions to Bottom Line: Connecting Product Work to Revenue by VP...From Daily Decisions to Bottom Line: Connecting Product Work to Revenue by VP...
From Daily Decisions to Bottom Line: Connecting Product Work to Revenue by VP...
Product School
 
JMeter webinar - integration with InfluxDB and Grafana
JMeter webinar - integration with InfluxDB and GrafanaJMeter webinar - integration with InfluxDB and Grafana
JMeter webinar - integration with InfluxDB and Grafana
RTTS
 
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024
Tobias Schneck
 
GraphRAG is All You need? LLM & Knowledge Graph
GraphRAG is All You need? LLM & Knowledge GraphGraphRAG is All You need? LLM & Knowledge Graph
GraphRAG is All You need? LLM & Knowledge Graph
Guy Korland
 
FIDO Alliance Osaka Seminar: Passkeys and the Road Ahead.pdf
FIDO Alliance Osaka Seminar: Passkeys and the Road Ahead.pdfFIDO Alliance Osaka Seminar: Passkeys and the Road Ahead.pdf
FIDO Alliance Osaka Seminar: Passkeys and the Road Ahead.pdf
FIDO Alliance
 
Essentials of Automations: Optimizing FME Workflows with Parameters
Essentials of Automations: Optimizing FME Workflows with ParametersEssentials of Automations: Optimizing FME Workflows with Parameters
Essentials of Automations: Optimizing FME Workflows with Parameters
Safe Software
 
Elevating Tactical DDD Patterns Through Object Calisthenics
Elevating Tactical DDD Patterns Through Object CalisthenicsElevating Tactical DDD Patterns Through Object Calisthenics
Elevating Tactical DDD Patterns Through Object Calisthenics
Dorra BARTAGUIZ
 
DevOps and Testing slides at DASA Connect
DevOps and Testing slides at DASA ConnectDevOps and Testing slides at DASA Connect
DevOps and Testing slides at DASA Connect
Kari Kakkonen
 
De-mystifying Zero to One: Design Informed Techniques for Greenfield Innovati...
De-mystifying Zero to One: Design Informed Techniques for Greenfield Innovati...De-mystifying Zero to One: Design Informed Techniques for Greenfield Innovati...
De-mystifying Zero to One: Design Informed Techniques for Greenfield Innovati...
Product School
 

Recently uploaded (20)

The Future of Platform Engineering
The Future of Platform EngineeringThe Future of Platform Engineering
The Future of Platform Engineering
 
Key Trends Shaping the Future of Infrastructure.pdf
Key Trends Shaping the Future of Infrastructure.pdfKey Trends Shaping the Future of Infrastructure.pdf
Key Trends Shaping the Future of Infrastructure.pdf
 
AI for Every Business: Unlocking Your Product's Universal Potential by VP of ...
AI for Every Business: Unlocking Your Product's Universal Potential by VP of ...AI for Every Business: Unlocking Your Product's Universal Potential by VP of ...
AI for Every Business: Unlocking Your Product's Universal Potential by VP of ...
 
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...
Dev Dives: Train smarter, not harder – active learning and UiPath LLMs for do...
 
Neuro-symbolic is not enough, we need neuro-*semantic*
Neuro-symbolic is not enough, we need neuro-*semantic*Neuro-symbolic is not enough, we need neuro-*semantic*
Neuro-symbolic is not enough, we need neuro-*semantic*
 
Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...
Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...
Slack (or Teams) Automation for Bonterra Impact Management (fka Social Soluti...
 
Leading Change strategies and insights for effective change management pdf 1.pdf
Leading Change strategies and insights for effective change management pdf 1.pdfLeading Change strategies and insights for effective change management pdf 1.pdf
Leading Change strategies and insights for effective change management pdf 1.pdf
 
FIDO Alliance Osaka Seminar: Passkeys at Amazon.pdf
FIDO Alliance Osaka Seminar: Passkeys at Amazon.pdfFIDO Alliance Osaka Seminar: Passkeys at Amazon.pdf
FIDO Alliance Osaka Seminar: Passkeys at Amazon.pdf
 
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered QualitySoftware Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
Software Delivery At the Speed of AI: Inflectra Invests In AI-Powered Quality
 
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...
GDG Cloud Southlake #33: Boule & Rebala: Effective AppSec in SDLC using Deplo...
 
Accelerate your Kubernetes clusters with Varnish Caching
Accelerate your Kubernetes clusters with Varnish CachingAccelerate your Kubernetes clusters with Varnish Caching
Accelerate your Kubernetes clusters with Varnish Caching
 
From Daily Decisions to Bottom Line: Connecting Product Work to Revenue by VP...
From Daily Decisions to Bottom Line: Connecting Product Work to Revenue by VP...From Daily Decisions to Bottom Line: Connecting Product Work to Revenue by VP...
From Daily Decisions to Bottom Line: Connecting Product Work to Revenue by VP...
 
JMeter webinar - integration with InfluxDB and Grafana
JMeter webinar - integration with InfluxDB and GrafanaJMeter webinar - integration with InfluxDB and Grafana
JMeter webinar - integration with InfluxDB and Grafana
 
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024
Kubernetes & AI - Beauty and the Beast !?! @KCD Istanbul 2024
 
GraphRAG is All You need? LLM & Knowledge Graph
GraphRAG is All You need? LLM & Knowledge GraphGraphRAG is All You need? LLM & Knowledge Graph
GraphRAG is All You need? LLM & Knowledge Graph
 
FIDO Alliance Osaka Seminar: Passkeys and the Road Ahead.pdf
FIDO Alliance Osaka Seminar: Passkeys and the Road Ahead.pdfFIDO Alliance Osaka Seminar: Passkeys and the Road Ahead.pdf
FIDO Alliance Osaka Seminar: Passkeys and the Road Ahead.pdf
 
Essentials of Automations: Optimizing FME Workflows with Parameters
Essentials of Automations: Optimizing FME Workflows with ParametersEssentials of Automations: Optimizing FME Workflows with Parameters
Essentials of Automations: Optimizing FME Workflows with Parameters
 
Elevating Tactical DDD Patterns Through Object Calisthenics
Elevating Tactical DDD Patterns Through Object CalisthenicsElevating Tactical DDD Patterns Through Object Calisthenics
Elevating Tactical DDD Patterns Through Object Calisthenics
 
DevOps and Testing slides at DASA Connect
DevOps and Testing slides at DASA ConnectDevOps and Testing slides at DASA Connect
DevOps and Testing slides at DASA Connect
 
De-mystifying Zero to One: Design Informed Techniques for Greenfield Innovati...
De-mystifying Zero to One: Design Informed Techniques for Greenfield Innovati...De-mystifying Zero to One: Design Informed Techniques for Greenfield Innovati...
De-mystifying Zero to One: Design Informed Techniques for Greenfield Innovati...
 

Data Monetization Framework

  • 1. DATA MONETIZATION AN APPROACH We believe an effective data monetization strategy necessitates enterprise to perceive data as an ever evolving asset enabling creation of new information and insights. 30% of businesses will begin directly or indirectly monetizing their information assets via bartering or selling By Start of 2017… 80% of Chief Data Officers will strive to maximize the value of information and to minimize its risks Analytics will be delivered via API Prescriptive analytics built on cognitive computing, delivering $60+ Billion in annual savings By 2020… FRAMEWORK - ELEMENTS Explore Data – Unstructured & Structured, both in terms of data sources – Internal & External Data Services Industry Specific Insights Cross Industry Insights Horizontal Insights Data Product Internally generated data, customer or client generated data, collaborative public, privately acquired data Data Classification Differentiation Cost to Value Speed to Value Value for Buyer Understand Market Opportunity Identify Business Model Data Privacy, Controls & Regulations Identify Key data Analytic Signals Data Delivery Focus Partnerships, Alliance and Network Effect Enterprises are looking for innovative ways to take the data they have generated and build revenue model around selling insights to different third parties. We present a framework that will help enterprises to transform the data asset into tangible revenue While working within confines of client’s data platforms, we understand the data structures, we can apply this framework for building new revenue models through Insights (and not just data) Why Us?
  • 2. DATA MONETIZATION AN APPROACH Implementing Data Monetization requires transformational approach for data sourcing, transformation & delivery of Insights through APIs for Internal & External Business Groups APACHE NIFI FOR REAL TIME DATA INGESTION KAFKA FOR REAL TIME MESSAGING APACHE SPARK FOR REAL TIME STREAMING APACHE KYLIN FOR EXTREME OLAP – REAL TIME DATA CUBES IN MEMORY ANALYTICS BY ALLUXIO, ROCKS DB, APACHE ARROW INTRODUCE AGILITY IN DESIGN THROUGH MICROSERVICES INSIGHT GENERATION THROUGH APACHE SYSTEM ML, GOOGLE TENSORFLOW, MICROSOFT DMTK, AMAZON DSSTNE, SPARK ML TAKE THE SET UP TO CLOUD – KEEP MODELS ON CLOUD, DATA ON PREMISE TECHNICAL APPROACH THROUGH BIG DATA & ANALYTICS